SAICO Appoints Khalid Ballow as Acting CEO

SAICO

SAICO

8100.SA

0.00

Saudi Arabian Cooperative Insurance Co. (SAICO) announced on May 21, 2026 the appointment of Mr. Khalid Ali A. Ballow as Acting Chief Executive Officer, effective May 21, 2026. The Board of Directors made this delegation decision on May 20, 2026. Mr. Ballow brings over 27 years of insurance leadership experience, including 16 years with SAICO where he most recently served as Vice President – Sales and Business Development since joining the company in 2010.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95604&anCat=1&cs=8100&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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